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The Voice of Illinois Real Estate
Updated: 4 hours 2 min ago

Get Core A continuing education and cooperative resolution tips at IAR Spring Conference

Thu, 03/19/2015 - 3:34pm
Nationally known speaker and instructor Lynn Madison will provide Core A CE training during one afternoon session and will co-host the Professional Standards Breakfast with Chris Read during the 2015 IAR Spring Conference May 6 & 7 in Collinsville. Register … Continue reading →

Repealing like-kind exchange rules could negatively impact real estate

Thu, 03/19/2015 - 3:14pm
As Congress considers tax reforms, it is important that Congress not repeal Section 1031 Like-Kind exchanges that allow real estate investors to defer capital gains tax and income tax when they exchange one business or investment property and replace it … Continue reading →

Two Central Illinois associations will merge on April 1

Thu, 03/19/2015 - 11:37am
The Capital Area REALTORS® (CAR) announced a merger today with the West Central Illinois Association of REALTORS® (WCIAR) as well as both organizations’ Multiple Listing Service (MLS). The combined organization, operating under the name Capital Area REALTORS®, will have 600 … Continue reading →

REALTOR® efforts ensure affordable housing ordinance reflects developers’ needs

Wed, 03/18/2015 - 4:17pm
  The City of Chicago passed revisions to the Affordable Requirements Ordinance after over a year and half of intense, often contentious debate on the future of development of residential units. The ordinance was created 11 years ago and updated … Continue reading →

Postcards mailed in REALTOR® battle against new Midlothian tax

Wed, 03/18/2015 - 3:15pm
The Illinois Association of REALTORS® and the Mainstreet Organization of REALTORS® mailed postcards to Midlothian residents this week, educating voters about why they need to reject this potential new tax. According to IAR Governmental Affairs Director Tom Joseph, the postcard … Continue reading →

Bill to modify ‘Notice by Publication Act’ defeated in committee

Wed, 03/18/2015 - 2:00pm
The Illinois Association of REALTORS® spoke in opposition to House Bill 261 before the House Counties and Townships Committee rejected it. The bill sought to amend the Notice by Publication Act to allow all governmental units to publish any required … Continue reading →

Morning Minute: Rental costs outpacing income growth in many U.S. cities

Wed, 03/18/2015 - 11:56am
Rental costs are rising at a faster pace than household income growth in many U.S. cities and that is making it harder for renters to save money for a down payment and become homeowners, according to a new study by … Continue reading →

IAR Letter to House members tells why sewer inspection bill a bad idea

Wed, 03/18/2015 - 9:22am
IAR continues to press to kill a controversial bill which would require homeowners to pay for a costly sewer inspection before a property sale. The association sent a letter to all members of the Illinois House this week telling them … Continue reading →

IAR’s Handler facilitates property tax discussion

Tue, 03/17/2015 - 10:04am
IAR Government Affairs Director Howard Handler (North Shore, Barrington, Lake County) moderated a joint property assessment forum for the North Shore and Northwest Chapters of the Women’s Council of REALTORS®. On the panel were: Hector Dominguez, Outreach Specialist for Cook … Continue reading →

REALTORS® get great benefits from IAR Capitol Conference

Mon, 03/16/2015 - 5:00pm
Illinois REALTORS® can talk directly with state legislators on April 14 if they sign up for the 2015 IAR Capitol Conference & Lobby Day. IAR members will find it easy to sign up and make a difference for the real … Continue reading →

Nine reasons for IAR members to check the ‘State Capitol Report’

Mon, 03/16/2015 - 9:56am
In addition to the Call To Action to oppose House Bill 1376, IAR members can get the latest news on eight other real estate topics in Friday’s IAR State Capitol Report. Log in and get insights into subjects that affect … Continue reading →

Today is the first day for absentee voting in Illinois

Fri, 03/13/2015 - 5:13pm
If your community had a primary election and you are a properly registered Illinois voter, today is the first day you can submit a completed ballot for the April 7 Consolidated Election, according to the Illinois State Board of Elections. … Continue reading →

IAR uses 4 days and countless ways to improve your global reach

Fri, 03/13/2015 - 2:30pm
IAR representatives who visited the MIPIM conference in Cannes, France the last four days made sure prospective real estate customers recognized the value of Illinois real estate for their personal and business interests. Leading the IAR contingent were (l to … Continue reading →

You may be surprised at what he can tell you about today’s empowered consumers

Fri, 03/13/2015 - 12:56pm
Illinois REALTORS® looking to “Jump Start” their careers by relating better to potential customers should register today for the IAR Spring Conference & Expo in Collinsville May 6-7. Among the featured speakers will be REALTOR® Terry Watson – a nationally … Continue reading →

Morning Minute: Illinois among states to see drop in foreclosure inventory

Fri, 03/13/2015 - 11:01am
Illinois foreclosure inventory fell 39.4 percent in January compared to the same time last year, according to CoreLogic’s January 2015 National Foreclosure Report. The decline put Illinois among the five states that saw the largest year-over-year drops in inventory. Overall, … Continue reading →

Springfield mayoral candidates face off in debate at IAR

Thu, 03/12/2015 - 8:00pm
Springfield’s two candidates for mayor, Jim Langfelder and Paul Palazzolo, squared off Thursday night at a mayoral debate held at the Illinois Association of REALTORS® (IAR) headquarters. During the 90-minute debate, Langfelder and Palazzolo answered questions on everything from boosting … Continue reading →

D.R. Legal News highlights Wisconsin listing issue

Thu, 03/12/2015 - 4:07pm
Managing brokers – If you are not licensed to sell real estate in Wisconsin, a Wisconsin law limits your involvement in the selling or leasing of Wisconsin properties. According to the Wisconsin REALTORS® Association (WRA), a law became effective Jan. … Continue reading →

Morning Minute: Four reasons Freddie Mac is optimistic about this year’s housing market

Thu, 03/12/2015 - 10:52am
Spring is nearly here and Freddie Mac anticipates a strong homebuying season. In fact, Freddie Mac’s March U.S. Economic and Housing Market Outlook predicts that 2015 could be the “best  year for home sales and new home construction since 2007 when … Continue reading →

FPC Callan discusses real estate issues with Congressman Roskam

Thu, 03/12/2015 - 10:47am
On Tuesday, U.S. Congressman Peter Roskam (R-IL) met with Illinois REALTORS® from his district at the Barrington Village Hall to discuss the implications of tax issues, patent trolling and government sponsored enterprises for real estate. Roskam, who represents Illinoisans in … Continue reading →

Spread the word: Make sure the video sewer inspection bill doesn’t pass

Thu, 03/12/2015 - 7:23am
Most members of the Illinois Association of REALTORS® should have received an email Call for Action on Wednesday alerting them to a bill that would add $500 or more to the cost of selling a home. (You can click here … Continue reading →